Investor Presentaiton
Slovakia - A Solid Performer among Eurozone Countries
ARDAL
Slovakia's economic performance declined in 2020 due to coronavirus - less than in the euro area
ā The war in Ukraine and the energy crisis is a headwind but competitive external sector, resilient labour market
and industrial production supported by drawing from EU funds and RRP suggest a solid growth potential
Convergence is almost complete for the unemployment and inflation rates
Slovakia's Public Debt to GDP is among the lower levels in the Euro Area, at around 63% compared to 97%
Euro Area average (2021)
Real GDP growth (%)
Inflation- HICP (%)
Unemployment rate (%)
Current Account Balance (% of GDP)
Budget Balance (% of GDP)
Structural Budget Balance (% of pot. GDP)
General Government Gross Debt (% of GDP)
Slovakia
2020 2021
Belgium
Finland
2020 2021 2020 2021
Eurozone
2020 2021
(4.4) 3.0 (5.7) 6.2
(2.2)
3.0
(6.1) 5.2
2.0 2.8
0.4
3.2
0.4
2.1
0.3
2.6
6.7
6.8
5.8
6.3
7.7
7.7
8.0
7.7
0.4
(2.0) 0.8 (0.4)
0.6
0.9 1.8 2.4
(5.5) (6.2) (9.0) (5.5) (5.5) (2.6) (7.1) (5.1)
(4.5) (5.7) (5.8) (4.6) (3.7) (2.0) (3.6) (4.0)
59.7 63.1 112.8 108.2 69.0 65.8 97.2
95.6
Source: Eurostat
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